The ever-optimistic (not!) president of the Bundesbank says that the worst of the economic crisis seems to have passed and that an orderly exit plan for monetary and fiscal stimulus is now needed to be put into action when the economy is ready.
For Weber, this is about as upbeat as he gets…
EUR/USD has dipped back to 1.4890 after a run to the 1.49-teens just after the 15:00 GMT fixing.